Global
Regulation coming for Stablecoins amid their growing systemic risk – Gary Gensler
Gary Gensler, the Chairman of America’s Securities and Exchange Commission recently disclosed that digital assets that fall under the category of having being ...
Global
Ransomware: Hackers demand $50 million in Crypto from Saudi Aramco
Saudi Aramco, the world’s largest oil firm, has had a data leak in which one terabyte (TB) of the company’s data has been ...
Global
Digital yuan pilots expand to insurance industry for the first time
China’s central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death ...
Global
BSP gives Philippines a fourth digital bank player: UnionBank
Aboitiz-led Union Bank of the Philippines received a green light from the Bangko Sentral ng Pilipinas to establish its own digital bank, joining ...
Global
Canada CBDC ‘Probably Necessary’ for Competition, Central Bank Says in Paper
A central bank digital currency is “probably necessary” for a competitive digital economy, the Bank of Canada said in a staff paper published ...
Global
Bank of Korea selects Kakao’s blockchain arm for digital currency tests
The central bank of South Korea has chosen a blockchain subsidiary of local internet giant Kakao as a technology provider for its digital ...
Ethopia
France’s Orange submits interest for stake in Ethio Telecom
France’s telecom firm Orange has submitted an expression of interest to participate in the ongoing partial privatisation of Ethiopia’s Ethio Telecom firm, Ethiopia’s ...
Global
Janet Yellen: We Must ‘Act Quickly’ on Stablecoin Regulation
U.S. Treasury Secretary Janet Yellen met with the heads of multiple federal agencies on Monday to discuss how to regulate stablecoins, a type of ...
Global
Mastercard Taps Circle for USDC Settlement Pilot
Circle and Mastercard have announced an engagement to use USDC to facilitate crypto-to-fiat conversions in a pilot program to expand the ability of ...
Global
National Bank of Ukraine issues accreditation to Paysera
The National Bank of Ukraine has included fintech Paysera in the country’s Register of Payment Systems. After technical preparation, the company will be able to offer faster ...